Independent Solutions Wealth Management LLC Purchases 761 Shares of iShares S&P 500 Value ETF $IVE

Independent Solutions Wealth Management LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,798 shares of the company’s stock after purchasing an additional 761 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 3.0% of Independent Solutions Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $15,203,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IVE. Envestnet Asset Management Inc. lifted its position in iShares S&P 500 Value ETF by 38.8% during the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after buying an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares S&P 500 Value ETF by 5.5% in the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after purchasing an additional 922,557 shares during the period. Sofi Wealth LLC raised its position in iShares S&P 500 Value ETF by 6,106.5% in the first quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock valued at $171,001,000 after purchasing an additional 882,811 shares during the period. Liberty Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1,324.3% during the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after purchasing an additional 786,127 shares in the last quarter. Finally, CWM LLC boosted its position in shares of iShares S&P 500 Value ETF by 24.6% in the first quarter. CWM LLC now owns 1,806,062 shares of the company’s stock worth $344,199,000 after buying an additional 356,756 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $208.32 on Tuesday. The business’s 50-day simple moving average is $202.48 and its 200 day simple moving average is $193.60. The company has a market cap of $42.09 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $209.12.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.